PYMNTS

JUNE 24, 2020

Fans of gambling in Pennsylvania will have access to a new stand-alone gambling app with FanDuel Group ‘s newest product, according to a press release. The new incarnation of the Casino app is stand-alone and only available in Pennsylvania thus far, and the release says it will be “secure, legal and fully regulated.” Jesse Chemtob , general manager of Casino with FanDuel Group, said the company is excited to introduce the new expansion in Pennsylvania. “We’ve

Pennsylvania 131

Pennsylvania Video Groups Regulation 131

Payments Source

JUNE 27, 2019

A court decision brings much needed clarity to the complex world of money transmitter licensing by holding that the transmission of information alone is not engaging in the business of money transmission under Pennsylvania law, writes Anita Boomstein, a partner with Manatt, Phelps & Phillips, LLP. ISO and agent Digital payments Compliance Law and regulation Pennsylvania

Pennsylvania 93

Pennsylvania Compliance Regulation Payments 93

Payments Source

OCTOBER 29, 2018

ISO and agent B-to-B payments Payment processing Compliance reviews PennsylvaniaIt is important that all parties involved in construction projects not only be aware of these regulation updates and how they will impact their projects, but also what they can do to prepare for when the legislation inevitably reaches them, writes Matt Johner, president and co-founder of BankLabs.

Pennsylvania 87

Pennsylvania Regulation Payments Compliance 87

American Banker

JANUARY 9, 2020

Community banking Succession planning Growth strategies PennsylvaniaPatrick O'Brien had been CF Financial's president and CEO for about two years.

Pennsylvania 42

Pennsylvania Community Bank Community Strategy 42

American Banker

DECEMBER 18, 2019

Community banking M&A Growth strategies PennsylvaniaThe company, which recently bought Monument Bank, has agreed to acquire Covenant Financial.

Pennsylvania 42

Pennsylvania Company Community Bank Community 42

American Banker

DECEMBER 10, 2019

Community banking M&A Capital Growth strategies PennsylvaniaThe company will gain branches in Northampton County as part of the $79 million deal.

Pennsylvania 44

Pennsylvania Company Marketing Community Bank 44

American Banker

MAY 26, 2020

Deposits Fraud Community banking Credit quality Commercial lending PennsylvaniaThe bank is trying to recover millions of dollars in returned deposits. It also has a $14 million loan to the company that allegedly conducted the scheme.

Pennsylvania 30

Pennsylvania Company Community Bank Community 30

American Banker

AUGUST 6, 2020

The digital bank would merge with Megalith Financial to create a new publicly traded company that would offer licensed products and services. Digital banking Fintech Community banking M&A

Pennsylvania 33

Pennsylvania Company Community Bank Community 33

American Banker

JULY 27, 2020

The student loan company had said a three-year-old lawsuit alleging consumer abuses was superseded by a similar CFPB suit. Here’s why the 3rd U.S. Circuit Court of Appeals disagreed. Student loans State regulators Enforcement Consumer banking CFPB

Pennsylvania 41

Pennsylvania US Company Regulation 41

CFPB Monitor

DECEMBER 20, 2018

In this week’s episode, Pennsylvania Secretary of Banking and Securities Robin Wiessmann discusses lessons learned from the 2009 financial crisis and concerns arising from today’s market conditions and regulatory environment, shares her views on the OCC’s fintech charter and provides an update on steps that States are taking to relieve regulatory burdens on fintech companies, and explains her agency’s approach to virtual currency.

Pennsylvania 60

Pennsylvania Marketing Security Company 60

ABA Community Banking

JANUARY 24, 2018

Mid Penn, First Priority Financial to merge in $82 million deal Management CSuite Community Banking M&A. 1Management

Pennsylvania 40

Pennsylvania Community Bank Community Management 40

American Banker

JUNE 29, 2020

The company said it had cut 20 positions and had found a way to shed 35,000 square feet of office space by the end of 2020. Expense management Paycheck Protection Program Community banks

Pennsylvania 33

Pennsylvania Company Community Bank Community 33

CFPB Monitor

OCTOBER 31, 2018

As part of an investigation launched earlier this year into allegations of redlining in the Philadelphia area, the Pennsylvania Attorney General Josh Shapiro recently called on mortgage borrowers and home loan applicants in the Philadelphia area to file complaints with his office “if they believe they may have been victims of redlining or experienced irregularities when looking for a mortgage or home loan.”.

Pennsylvania 65

Pennsylvania Philadelphia Connecticut District of Columbia 65

American Banker

AUGUST 8, 2016

NexTier Bank in Butler, Pa., has tapped its chief operating officer as its next leader. people breaking_news pa succession-planning community-banking

Pennsylvania 44

Pennsylvania Operations Community Bank Community 44

CFPB Monitor

SEPTEMBER 28, 2016

The CFPB has issued its September 2016 complaint report which highlights complaints about money transfers and complaints from consumers in Pennsylvania and the Philadelphia metro area. Findings regarding complaints from Pennsylvania consumers include the following: As of September 1, 2016, approximately 34,700 complaints were submitted by Pennsylvania consumers of which approximately 69 percent (about 24,100) were from Philadelphia consumers. Barbara S. Mishkin.

Pennsylvania 103

Pennsylvania Philadelphia Wyoming Alaska 103

Jeff For Banks

OCTOBER 3, 2015

Glenn Moyer, the former Secretary of the Pennsylvania Department of Banking and Securities (pictured), spoke at a banking industry event this past week. His subject: How to love your regulator. Glenn is a senior advisor to my firm and I suggested the topic. He rolled with it. Regulator relations is a pressure point in our industry.

Pennsylvania 85

Pennsylvania Regulation How To Community Bank 85

American Banker

JANUARY 9, 2020

The Pennsylvania company will pay $80 million for the parent of USNY Bank. Community banking M&A Capital Growth strategies Pennsylvania New York

New York 50

New York Pennsylvania Company Community Bank 50

American Banker

AUGUST 14, 2020

The Pennsylvania company recruited John Montgomery from First Bank in St. Growth strategies Hiring Community banks PennsylvaniaLouis to take the helm on Aug.

St. Louis 32

St. Louis Company Pennsylvania Community Bank 32

American Banker

SEPTEMBER 14, 2020

Branch network Revenue and expenses Community banking PennsylvaniaThe company joins a growing list of banks shuttering locations as customers flock to digital channels.

Company 36

Company Pennsylvania Community Bank Community 36

American Banker

DECEMBER 7, 2016

The $1.2 billion-asset NexTier said in a press release Wednesday that it will pay $2.3 million, or $531.55 a share, in cash for the $40 million-asset Manor. breaking_news community-banking pa dealmaking-strategy

Pennsylvania 36

Pennsylvania Community Bank Community Strategy 36

American Banker

JULY 20, 2020

The Pennsylvania bank incurred $2.3 Revenue and expenses Community banking Wealth management Pennsylvaniamillion in expenses in second quarter after winding down unit BMT Investment Advisers.

Pennsylvania 35

Pennsylvania Community Bank Community Management 35

CFPB Monitor

AUGUST 21, 2019

Pennsylvania has one of the most active Attorney General offices when it comes to bringing cases against financial companies. This is due to the office’s Consumer Financial Protection Unit, which was formed by Attorney General Josh Shapiro in 2017 because of the expectation that the CFPB would become less potent in protecting consumers. The Unit is led by Nicholas Smyth, a former CFPB enforcement lawyer.

Pennsylvania 60

Pennsylvania Groups Industry Company 60

American Banker

DECEMBER 18, 2019

The Pennsylvania company will pay $65 million for six branches that will join its Buffalo, N.Y., Community banking M&A Growth strategies Pennsylvania New Yorkdivision.

New York 47

New York Operations Pennsylvania Company 47

Payments Source

FEBRUARY 5, 2019

Retailers Compliance Digital payments Cash New Jersey PennsylvaniaThe pushback on stores that don’t accept cash seems to be gaining momentum, with Philadelphia the latest municipality to consider a law that would ban cash-free shops.

Philadelphia 103

Philadelphia NJ New Jersey Pennsylvania 103

American Banker

JUNE 2, 2016

Prudential Bancorp in Philadelphia has agreed to buy Polonia Bancorp in Huntingdon Valley, Pa. The $538 million-asset Prudential said in a press release Thursday that it will pay $38.1 million in cash and stock for the $312 million-asset Polonia. The deal is expected to close in the fourth quarter. Prudential said it expects "modest" tangible book value dilution that it should earn back in a year.

Pennsylvania 32

Pennsylvania Philadelphia Community Bank Community 32

American Banker

MAY 31, 2016

At least three community banks have hired lenders who once worked at banks bought by BB&T. The question is whether those lenders can coax their clients to also make a switch. recruitment m-a dealmaking-strategy pa consolidation small-business commercial-lending community-banking

Pennsylvania 32

Pennsylvania Community Bank Community Strategy 32

American Banker

MAY 4, 2016

Prudential Bancorp in Philadelphia has a new chief executive. breaking_news people pa community-banking

Philadelphia 32

Philadelphia Pennsylvania Community Bank Community 32

American Banker

APRIL 14, 2020

The Pennsylvania company said it faces $7.5 Fraud Earnings Community banking Credit quality Pennsylvaniamillion in potential exposure from a commercial lending relationship.

Lending 35

Lending Fraud Company Pennsylvania 35

American Banker

APRIL 12, 2020

Consumer lending Massachusetts California Coronavirus Loan modifications Pennsylvania Law and regulation

Regulation 65

Regulation Pennsylvania Massachusetts California 65

American Banker

OCTOBER 17, 2016

Northwest Bancshares in Warren, Pa., has agreed to buy Winans Insurance & Employee Benefits in Warren. breaking_news community-banking pa dealmaking-strategy

Pennsylvania 38

Pennsylvania Community Bank Community Strategy 38

Payments Source

JUNE 14, 2019

Digital payments Contactless payments Credit cards Mobile payments Pennsylvania New Jersey CaliforniaState and local officials have pushed back against retailers that don’t take cash, and now some are pressuring electric vehicle firms to expand payment options at charging stations.

New Jersey 77

New Jersey Pennsylvania Cards Retail 77

American Banker

JANUARY 23, 2020

Community banking Succession planning CECL PennsylvaniaThe company, which just hired CEO Jay Sidhu's son to groom as its next chief, had been holding itself back to avoid caps on interchange fees.

Pennsylvania 45

Pennsylvania Company Community Bank Community 45

Jeff For Banks

APRIL 4, 2010

And so it went in Hallstead, growing gradually, as towns tended to do in rural Pennsylvania, with bank loans funded by local depositors supporting the growth. Community banks tout themselves as better than national and regional banks because of how close they are to their communities.

Pennsylvania 60

Pennsylvania National Community Bank Community 60

American Banker

JANUARY 6, 2020

Economy Growth strategies Community banks Rhode Island California Pennsylvania

Rhode Island 52

Rhode Island Pennsylvania California Community Bank 52

American Banker

APRIL 5, 2016

DNB Financial in Downington, Pa., has agreed to buy East River Bank of Philadelphia. breaking_news community-banking pa m-a dealmaking-strategy

Philadelphia 28

Philadelphia Pennsylvania Community Bank Community 28